HomeMy WebLinkAboutD-856 Street Widening Santa Rosa Street Recorded 03/12/1970XUAWRIS RQUESTED BY
FI 9MERIC,AN TITLE INSURANCE COMPANY
.7
' Order No.
Escrow No. SLO 778012 -nh
Loan No.
WHEN RECORDED MAIL TO:
City of San Luis Obispo
C/o Mr. Harold Johnson, Attorney
Court House
San Luis Obispo, Calif. 93401
MAIL TAX STATEMENTS TO:
City of San Luis Obispo
c/o Mr. Harold Johnson, Attorney
Court.House
San Luis Obispo, Calif. 93401
City of San Luis Obispo
10. 5858
--OFFICIAL RECORDS ,..
1 IUIS .OBISPO CO., CAIN
WIU JAM E. ZIMARIN
COUNTY RECORDER
MAR 121970
COMPARED,
ABOVE THIS LINE FOR RECORDER'S USE
DOCUMENTARY TRANSFER TAX $ 3.85
XXX COMPUTED ON FULL VALUE OF PROPERTY CONVEYED
COMPUTED ON FULL VALUE LESS LIENS AND
ENWI BRANCES REMAINING AT TIME OF SALE
GRANT DEED
of Declarant or Agent determining tax —Firm Name
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
LLOYD E. SOMOGYI and SHI= R. SOMOGYI, husband and wife
hereby GRANT(S) to THE CITY OF SAN LUIS OBISPO, a municipal corporation
Co.
the real property in the City of San Luis Obispo
0 County of San Luis Obispo State of California, described as
N
That portion of Lot 6 in Block 27 in the City of San Luis Obispo, County of San Luis Obispo,
State of California according to the map thereof recorded May 1,1878, in Book A on Page 168
of Maps in the Recorder's Office of said County described as follows:
Beginning at the most Easterly corner of said Lot 6; thence Westerly on the Northerly line
=� of Peach Street a distance of 10.00 feet; thence Northerly on a line parallel with Santa
Rosa Street a distance of 105.00 feet; thence Easterly a distance of 10.00 feet to a point
on the Westerly line of Santa Rosa Street;thence Southerly along said line 105.00 feet to
the point of- beginning.
Dated January 16, 1970
STATE OF CALIFORNIA ]
COUNTY OF J
San Luis Obispo J
On January 16, 1970
before me, the undersigned, a Notary Public in and for said
State, personall appeared
Lloyd E.Somogyi. and Shirley R. Somogyi
,known to me to be the person S whose name S are
subscribed to the within instrument and acknowledged that
they executed the same.
WITNESS. my hand fici se
Signature I
i�� C T/J
Name (Typed or Printed)
/I
' CLYDE.N. --.........,..wm;,a
No HI SLOP, JR.
Y ARY PUBLIC _
PRINCIPAL CALIFORNIA IN��
SAN LUIS OBISJ?g COUNn, �rr�
MY Commission
�YN1OtWpMt+�AW °°Y�y/W �M'U�OIOpO /
(This area for official notarial sea[)
1002(10/69)
MAIL TAX STATEMENTS AS DIRECTED ABOVE Vo11557 X10 /69) — -
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CERTIFICATE OF ACCEPTANCE
etastrs *esss� #as
THIS IS TO CERTIFY that the interest in real property conveyed
by the Grant Deed dated January 16, 1970,
19 70 , from LLOYD E. SOMOGYI and MIUM R. SOMOGYI,
husband and wife,
to the CITY OF SAN LUIS OBISPO, a Political Corporation, is
hereby accepted by the undersigned officer on behalf of the City
Council pursuant to authority conferred by Resolution No. 549
(1959 Series), recorded YAy 26, 1959, in Volume 1002, Official
Records, Page 2902, San Luis Obispo County, California, and the
Grantee consents to recordation thereof by its duly authorized
officer or his agent.
Date: March 12, 1970
CITY OF SAN LUIS OBISPO
ATTEST•.; -�: '.
E
UZ
VOL1557 PAGE475
END OF DOCUMENT
AM ERAC
First American Title Insurance Company
899 PACIFIC STREET, (P.O. BOX 1147) SAN LUIS OBISPO, CALIFORNIA 93401 • (AREA 805) 543 -8900
April 16, 1970 ti 19-�p
pPR
City of San Luis Obispo
990o Mr. Ha -rold Johnson, Attorney Q � ;�S Q� AjtQ At
San Luis Obispo, Calif. 93+01 7
Gentlemen
It is with a great deal of pleasure that we enclose our policy of title
insurance. 'Ownership of the real property which you have acquired is
now properly insured. This is an important step in protecting the estate
you are in the.process of building: We suggest that this policy,and
letter be kept in a.safe - place along with other valuable documents you
may have.
We are.happy to inform you that if you sell or obtain a loan on this
property within three years and process the order for title insurance
through us, we will reduce the usual policy rate as much as fifteen
percent.
To obtain this savings from us, It will be necessary for you to inform
the real estate agent'and /or escrow holder handling further transactions
that such policies of title insurance should be issued by First American
Title Insurance Company. Please request the escrow.officer to forward
this letter to us with the order for title insurance.
We welcome the opportunity of serving you and sincerely hope that we
may have the Leasure of .seeing you again in the very near future.
V
i1 —
. Preston
scrow Officer
JAP:jh
Enc.
1276 (6/69)
California Land Title Association
Standard Coverage Policy Form
Copyright 1963
t A M E R
.4`S Ca
POLICY OF TITLE INSURANCE
ISSUED BY
First American Title Insurance Company
FIRST AMERICAN TITLE INSURANCE COMPANY, a California corporation, herein called the Company, for a
valuable consideration paid for this policy, the number, the effective date, and amount of which are shown in Schedule
A, hereby insures the parties named as Insured in Schedule A, the heirs, devisees, personal representatives of such Insured,
or if a corporation, its successors by dissolution, merger or consolidation, against loss or damage not exceeding the amount
stated in Schedule A, together with costs, attorneys fees and expenses which the Company may become obligated to
pay as provided in the Conditions and Stipulations hereof, which the Insured shall sustain by reason of:
Any defect in or lien or encumbrance on the title to the estate or interest
covered hereby in the land described or referred to in Schedule C, existing
at the date hereof, not shown or referred to in Schedule B or excluded from
coverage in Schedule B or in the Conditions and Stipulations; or
2. Unmarketability of such title; or
3. Any defect in the execution of any mortgage shown in Schedule B securing
an indebtedness, the owner of which is named as Insured in Schedule A, but
only insofar as such defect affects the lien or charge of said mortgage upon
the estate or interest referred to in this policy; or
4. Priority over said mortgage, at the date hereof, of any lien or encumbrance
not shown or referred to in Schedule B, or excluded from coverage in Schedule
B or in the Conditions and Stipulations, said mortgage being shown in Schedule
B in the order of its priority.
all subject, however, to the Conditions and Stipulations hereto annexed, which
Conditions and Stipulations, together with Schedules A, B, and C are hereby made
a part of this policy.
In Witness Whereof, First American Title Insurance Company has caused its corporate name and seal to be hereunto
affixed by its duly authorized officers, on the date shown in Schedule A.
a��t1.E INSG`1i0°
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SEPTEMBER 24, a
G� 1968 ya
ttll r
B 72607
First American Title Insurance Company
i
BY PRESIDENT
ATTEST SECRETARY
• Form No: 1084 -2
American Land Title Association
Owner's Policy — Standard Form B -1962
and
CLTA Standard Coverage Policy Form
Copyright 1963
SCHEDULE A
Total Fee for Title Search, Examination
and Title Insurance $.5510Q ----------------
Amount $ 3150.00 Policy No. SLO 778012 NH
Effective Date March 12, 1970 at 3 :50 P.M.
Insured
THE CITY OF SAN LUIS OBISPO
I. Title to the estate or interest covered by this policy at the date hereof is vested in:
The City of San Luis Obispo, a municipal corporation
2. The estate or interest in the land described or referred to in Schedule C covered by this policy is:
A Fee
California Land Title Association
Standard Coverage Policy Form.
Copyright 1963 ..
. Farm 1091 -3' --
SCHEDULE B no 778012 IM
This policy does not insure against loss or damage by reason of the matters shown in parts one and two following:
Part One:
I. _ Taxes or assessments which are not shown as existing liens by the records of any fazing authority
that levies taxes or assessments on real property or by the public records.
2. Any facts, rights, interests, or claims which are not shown by the public records but which. could be
ascertained by an inspection of said land or by making inquiry of persons in possession thereof.
3. Easements, claims of easement or,encumbrances.which are not shown by the public records.
4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts.which
a correct survey would disclose.
5. Unpatented mininq claims; reservations or exceptions in patents or in Acts authorizing ther issuance
thereof; water rights, claims or title to water.
Part Two:
1. Taxes for the fiscal year 1970 -71, a lien not yet due or payable.
Form No. 1056 -4
All Policy Forms - - - -
SCHEDULE C SLO 778012 NH
1 The land referred to in this policy is situated in the State of California County
6f' San Luis Obispo, and is described as follows:
That portion of Lot 6 in Block 27 if, the City of San Luis Obispo, County of
I San Luis Obispo; ..State of California according to the map thereof recorded
i May 1, 1878, in Book A on page 168 of Maps in the Recorder's Office of said
County described as follows:
Beginning at the most Easterly corner of said Lot 6; thence Westerly on the Northerly
line of Peach Street a. distance of 10.00 feet; thence Northerly on ,a line
parallel with Santa Rosa Street a.distance of 105.00 feet; thence.Easterly a
distance of 10.00 feet to a point on the Westerly line of Santa.Rosa.Street; thence
f Southerly along said line 105.00 feet to.the point of beginning.
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California Coverrage Policy Form
rossyri
rus I
1963
1. DEFINITION OF TERMf
The following terms when used in this polcy
men a) -land ": the land described, specifically or
by ref ounce, in Schedule C and Imprbvemmh affixed
tpphaaerrrtteto )which by law constitute real
land;oenatructive m�of mtte:stosaid
(a) "knowledge ": actual knowledge. not con -
strachve knowledge or notice which may be impated
to the Insured by reason of any public records;
M date the of tctive data
" mortgage`: mortgage, deed of trust, trust
deed, or other security instruments; and
(f) "insured"; the party or parties named as
Insured, and If the owner of the indebtedness seemed
by a mortgage shown in Schedule B is named as an
Insured in Schedule A. the Insured shall include (1)
each succenar in intense in ownership of such in-
debtedness. (2) any such owner who acquires the
estate or fatawat referred to in this policy by fine-
fa � of wiidsIndebtedness. end (gmaancyinf��
agency or in suer or goes-
antor antler an hescraaoe contract or guaranty insur-
ing or guaranteeing said indebtedness, or my part
thereof, whether named as an Insured herein or not,
subject otherwise to the provisions hereof.
i BEI IUM AFTER ACQUISITION OF TIM
If an lensed owner of the indebtedness secured by
a described in Schedule B acquire said
estate err iatesat, or any part thereof. by EmeNmure.
trustee's sale or other legal mastner in mtisfactim
of said indebtedness, or my part thereof. or If a
federal agency or instrumentality acquires said estate
or intense, or any part thereof, ar a consequence of
an insurance contract or guaranty insuring or guaraa-
teemg the indebtedums secured by a mor�age cov-
ered by this policy, or any part thereof, this policy
shall continue fn force in favor of such Insured,
or in ditiana and stipulations hhereai. to all of the coo-
s ExauS1ONS FROM THE COVERAGE
OF THIS POLICY
This policy does not boom against loss or damage
by reasi n of the following:
(a Any law, ordinance or govemraented regu-
lation (including but not limited to building and
zoning ordinances) restricting or regulating or pro-
N;bi a the occupancy. use or enjoyment of the land,
or regulating the character, dimensions. or location
of my improvement now or baeafter erected on said
land, or ng a separation in ownership or a
reduction_ in _the dimensions or area of my lot or
- (b) Governmental rights of police power or
eminent domain unless notice of the exercise of such
rights appears in the public records at the date
(e) Title to any property beyond the lines of
the land expressly described in Schedule C. or title
to stress, rmdsi�a amnm, loner, ways or waterways
m which each lard abut, or the right to maintain
therein vaults, tunnels, ruipps or my other structure
or improvement; or any rights or easements therein
unless this policy specifically provides that such
property, rights or esaeirmts are assured, except that
if the land abuts upon one or same physically open
scree. or highways this policy insures the ordi
rights of abutting owners for access to one of such
streets m highways, unless otherwise accepted or
, ea cumbrances, adverse
as insured or other matters
ssumed or agrsed to by the
demean- or (2) know.
at t to at hhee date .off this policy
or at the date such insured Claimant ncgnrred an
estate or interest insured by this and not shown
by tke ppuublic records. unless ' came thereof in
writing by the Insured shall have been mode to the
Company prior to the date of this policy; or (a)
resulting in no bus to the Insured Claimant; or( )
attaching or created subsequent to the date her eof .
sustained for damage which would not have been
Insured were a purchaser or encum-
brancer for value without knowledge.
(f) Any "consumer credit protection,'
"truth in lending" or similar law.
t DEFENSE AND PROSECUTION OF ACTIONS
— NOTICE OF CLAIM TO BE GIVEN
BY THE INSURED
(aj The Company, at its own cost and without
endue decay shall provide (1) for the defense of the
Insured in all litigation consisting of actions or pro-
ceedings commenced against the Insured, or defenses,
restraining orders, or injunctions interposed against
a foreclmtue or sale of the mortgage and indebted-
-- covered by this policy or a sale of the estate or
interest in said land; or. (2) for such action as may
he appropriate to establish the title of the estate or
interest or the lien of the mortgage as insured, which
litigation or action in my of such evens is founded
CONDITIONS AND STIPULATIONS
upoet an a dusts b alleged policy, anld may pursue my htlgation
to final determfoation in the court of last tesort.
(b) In case any such action or proceeding shall
be begun, or defense interposed, or in case knowl-
edge shall come to the Insured of any claims of title
or Enterer. which a adverse to the title of the estate
or interest or lien of the mortgage as insured, or
which might cone loo or damage for which the
Company shall or may be liable by virtue of this
policy, or if the Insured shall in good faith contract
to sell the indebtedness secured by a mortgage cov-
ered by this policy. or if an Insured in good faith
ses
lea or contracts m sell, lease or mortgage the sane,
or ff the successful bidder at a foreclosure sale under
a mortgage covered by this policy refuses to purchase
and In any sock event the title to said estate or
interest is rejected as unmarketable, the Insured shall
notify the Company thereof in writlog. If such notice
shall not be given to the Company within ten days
Of the receipt of process or pleadings or if the Insured
shall not, in outing, promptly notify the Company
of any defect, lino or encumbrance insured against
which shall come to the knowledge of the Insu red,
or if the Insured shall not, in writing, PronPtiy notify
the Company of my such rejection by heron of
claimed unmuketability of tide, then all liability of
the Company in regard to the subject matter of such
action, proceeding or matter shall cease and termi-
failure, and than only to the extent of such prejudice.
(c) The Company shall have the right at is
own cost to institute and prosecute my action or
or proceeding do my other act which in its opinion
may be necessary or desirable to establish the title
of the estate or interest or the lien of the mortgage
ar insured; and the Company mayy take my appro-
priate action under the terms of =policy whether
or not it shall be liable thereunder and shall not
thereby concede liability or waive my provision of
this policy.
(d) In all cases where this policy permits or
requires the Company to prosecute or provide for
the defense of any action or proceeding, the Insured
shall secure to it the right to so prosecute or provide
defenu in such action or proceeding, and all appeals
therein, and permit it to use, at its option, the name
of the Insured for such purpose. Whenever requested
by the Company the Insured shall give the Company
all reasonable aid in my such action or proceeding,
in effecting settlement, securing evidence, obtaining
witnesses, or prosecuting or defending such action
or proceeding, and the Company shall reimburse the
Insured for my expense so incurred.
S. NOTICE OF LOSS -- LIMITATION OF ACTION
In addition to the notices required under para-
graph 4(b), a statement in writin of my loss or
damage for which it is claimed the Company is liable
under this policy shall be furnished to the Company
within sixty days after such loan or damage shall have
been determined and no right of action shall accrue
to the Insured order this policy until thirty days
after such statement shall have been furnished; and
no recovery shall be had by the Insured under this
policy unless action shall be commenced thereon
within five years after expiration of said thirty day
period. Failure to furnish such statement of loss or
damage, or to commence such action within the time
hereiabefore specified, shall be a conclusive bar
against maintenance by the insured of any action
under this policy. .
6. OPTION TO PAY, SETTLE OR
COMPROMISE CLAIMS
The Company shall have the option to pay or settle
or compromise for or in the name of the Insured any
claim insured against or to pay the full amount of
this policy, or, in core loss is olafined under this
policy by the owner of the indebtedness secured by
a mortgage covered by this policy, the Company shall
have the option to purchase said indebtedness; such
purchase, payment or tender of pa ent of Use full
amount of this policy, together with all costs, attor-
neys' fees and expenses which Use Company s nhl'
gated the hereunder to pa shall terminate all liability
Company der. In the event, after notice
of claim has been given to the Company by the
Insured, the Company offers to purchase said m-
debtedness, the owner of such indebtedness shall
tmasfer and assign said indebtedness and the mort-
gage off securing ppurchase price.
7. Company upon pay-
ment
PAYMENT OF LOSS
(a1 The liability of the Company under this
policy s all in no core exceed, in all, the actual loo
of the Insured and toss and atmrneys' fees which the
Company may be obligated hereunder to pay.
(b) The Company will pay, in addition to any
loss insured against by this policy, all mss imposed
&uyyoonn the Insured in litigation carried on by the
mpany for the Insured, and all mss and attorneys'
fees in litigation carried on by the Insured with the
written authorize
Ham of the Company.
claim far damager doll arise or be
under this polfeq (1) if the Company.
received notltz of an alleged defeat, Hea
or encumbmnce not excepted or excluded heretic re-
moves such defect, lien or eneumbmnm within a
seasonable time after receipt of each notice. or (2)
a unmarketable because of a defect, lien or encum-
brance not excepted or excluded in this Policy mitil
a
them h been a final determination by a wart of
cony de� L.Ul yay�meacots nods thisp��y eroapt pay -
meats made for costa, attorneys' fees and eWensw
shall reduce the amount of the insurance pro tauto
this policy poolicy ffor endorsement ofsu without paymmt
the policy be lost or m which case Dsoof
of such loss or destruction $haall be furnished to the
satisfaction of the ma�yy,, provided, htwrever, if
the owner of an incl tedt�s secured by a mortgage
shown in Schedule B is an Insured herein then' such
payments shall not seduce pro tanto the amount of
the insurance afforded hereunder as to such Insured,
except to the extent that such payments reduce the
amount of the indebtedness an seemed such mort-
mt�ach= or Payment rehmsbyb the Tanned of a mortgage
covered by this policy shell terminate all liability of
the Cain to the insured owner of the indebted-
ness scared by such mortgag , except as Provided
in paragrapph 2 hereof.
(e) When liability her been definitely fixed in
accordance with the conditions of this Policy the loss
or damage shall be payable within thirty days &are -
after. .
B. LIABILITY NONCUMULATIVE
It is expressly understood that the amount of this
policy is educed by any ot the Company may
pay under my polie' sons g the validity or pri-
ority of any mortgage shown or referred to in Schad
-
ale B hereof or my mortgage hereafter'eaecmted by
the Insured which is a charge or lien on the estate
or interest described ar referred to in Schedule A,
and the account so paid shall be deemed a payment
to the insured under this The provisions. of
this paragraph numbered shag cot apply ta an
Insured owner of an indebtedness secured by a mort-
gage shown In Schedule B unless such Insured ao-
quires title to said estate or interest in satisfaction
of said indebtedness or my part thereof.
9. SUBROGATION UPON PAYMENT
OR SETTLEMENT
Whenever the Company shall have settled a claim
under this policy, all right of subrogation shall vest
in the Campany unaffected by my act of the Insured,
and it shall be subrogated to and be entitled to all
rights and remedies which the Insured would have
had agamat any person or property in respect to such
claim bed this policy not been issued. If W,
does not cover the loss of the Insured, the Company
shall be subrogated to such rights and remedies in
the proportion which said payment bears to the
amount of said loss. If loss should result from my
act of the Insured, such act shall cot void this policy.
but the Company, in that event, shall be required to
pay only that part of any losses insured against here-
under which shall exceed the amount, if any, lost to
and remedies against any person or property neces-
sary in order to perfect such right of subrogation, and
shall permit the Company to use the came of the
Insured in my transaction or litigation involving
such rights or remedies.
If the frittered is the owner of the indebtedness
secured by a mortgage covered by this policy, such
lased may release or substitute the personal linbfl-
ity of my debtor or guarantor, or extend or otherwise
modify the terms of payment or release a portion of
the estate or interest from the lien of the mortgage,
or release my collateral security for the indebted-
tied such act does not result in any loss
of priority of the lino of the mortgage.
10. POLICY ENTIRE CONTRACT
Any action or actions or rights of action that the
Insured may have or may bring against the Company
arising d by of the status of the lien of the mortgage
intent 'ensued herein usttbbe tide of based onnethetaprovi-
sions of this Policy.
No provrsan or condition of this policy cast be
waivedm%cbanged except by writing endorsed betem
or attached hereto signed by the President. a Vice
President, the Secretary, an Assistant Secretary or
other validating officer of the Company.
11. NOTICES, WHERE SENT
All notices required to ne given the Company
and any .statement in writing required to be fur-
nished the Company shall be addressed to it at is
home office at 421 North Main Sheet, Santa Ann,
California, or to the office which issued this aolicv.
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AGREEMENT
THIS AGREEMENT, executed this /�7W day of 1970,
by and between LLOYD E. SOMOGYI and SHIRLEY R. SOMOGYI, hereinafter called
Grantors and the CITY OF SAN LUIS OBISPO, a municipal corporation, hereinafter
called City, witnesseth:
1. Grantors agree to convey to the City .024 acres, more or less, lying
along Santa Rosa Street as shown on the attached sketch marked Exhibit
"A" and more fully described in the grant deed appended as Exhibit "B ".
2. City agrees to construct sidewalk, curb and gutter along the entire frontage
of the property conveyed to the City.
3. City agrees to open an escrow at Title Insurance and Trust Co, and to pay
Grantors $3,150.00 for the land conveyed to the City upon close of escrow
and issuance of a title insurance policy covering the property conveyed.
City shall bear all costs of said escrow including the cost of the title policy
and any required documentary stamps.
4. City agrees to provide all necessary engineering and preparation of documents,
construct a brick retaining wall across the front of the property and along the
driveway as shown in red on the attached drawings marked Exhibit "C11,
revise the driveway, shorten the side yard fence, adjust the yard walk into
the building and construct new steps, relocate the yard sprinklers, relocate
the water service, fire hydrant and other utilities as necessary, pave out
the street to the new gutter, furnish and plant a 15 gallon size purple leaf
plum tree, and replant the work area along the back of the new wall with
either lawn or ivy.
OF SAN LUIS OBISPO
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Grant Deed
THIS FORM FURNISHED HY SECURITY TITLE INSURANCE COMPANY
AFFtx I.R.S. 8...........................
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
LLOYD E. SOMOGYI and SHIRLEY R. SOMOGYI
hereby RANTS
Y ( ) to the CITY OF SAN LUIS OBISPO
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the following described real property in the City of San Luis Obispo
county of San Luis Obispo state of California:
That portion of Lot 6 in Block 27 in the City of San Luis Obispo, County of San
Luis Obispo, State of California according to the map thereof recorded May 1, 1878,
in Book A on page 168 of Maps in the Recorder's office of said County described as
follows:
Beginning at the most Easterly corner of.said Lot 6; thence Westerly on the Northerly
line of Peach Street a distance of 10.00 feet; thence Northerly on a line parallel
with Santa Rosa Street a distance of 105.00 feet;'thence Easterly a distance of
10.00 feet to a point on the Westerly line of Santa Rosa Street thence Southerly
along said line 105.00 feet to the point of beginning.
Dated _
M.
STATE OF CALIFORNIA j
COUNTY OF ? SS.
On before me, the under•
signed, a Notary Public in and for said County and State, personally
appeared _
FOR NOTARY SEAL OR STAMP
, known to me
to be the person whose name subscribed to the within
i!IFt[!!mE!IE fl(Ifi S °k ".P`dReq,(E5j 1f19r F4Fa404 jbf name..
Signature of Notary
Name (Typed or Printed) of Notary
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AND WHEN RECORDED MAIL TO
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NAME
ADORC¢S
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CITY &
STATE
Title Order No
Escrow No
SPACE ABOVE THIS LINE FOR RECORDER'S USE
MAIL TAX aTATHMENTII TO
NAME
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Grant Deed
THIS FORM FURNISHED HY SECURITY TITLE INSURANCE COMPANY
AFFtx I.R.S. 8...........................
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
LLOYD E. SOMOGYI and SHIRLEY R. SOMOGYI
hereby RANTS
Y ( ) to the CITY OF SAN LUIS OBISPO
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the following described real property in the City of San Luis Obispo
county of San Luis Obispo state of California:
That portion of Lot 6 in Block 27 in the City of San Luis Obispo, County of San
Luis Obispo, State of California according to the map thereof recorded May 1, 1878,
in Book A on page 168 of Maps in the Recorder's office of said County described as
follows:
Beginning at the most Easterly corner of.said Lot 6; thence Westerly on the Northerly
line of Peach Street a distance of 10.00 feet; thence Northerly on a line parallel
with Santa Rosa Street a distance of 105.00 feet;'thence Easterly a distance of
10.00 feet to a point on the Westerly line of Santa Rosa Street thence Southerly
along said line 105.00 feet to the point of beginning.
Dated _
M.
STATE OF CALIFORNIA j
COUNTY OF ? SS.
On before me, the under•
signed, a Notary Public in and for said County and State, personally
appeared _
FOR NOTARY SEAL OR STAMP
, known to me
to be the person whose name subscribed to the within
i!IFt[!!mE!IE fl(Ifi S °k ".P`dReq,(E5j 1f19r F4Fa404 jbf name..
Signature of Notary
Name (Typed or Printed) of Notary
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Fiat American Title Compa"V
San Luis %,.,ispo CALIFORNIA • TELEPHONE 543 -,,900
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Order Number 778012 -nh
Date January 14, 1970
To FIRST AMERICAN TITLE
ESCROW INSTRUCTIONS
BUYER
ESCROW SUMMARY
PAID OUTSIDE ESCROW
$
CASH THROUGH ESCROW
3j,150-00
ENCUMBRANCE OF RECORD
ENCUMBRANCE OF RECORD
PURCHASE MONEY ENCUMB.
TOTAL CONSIDERATION
$ 3,
I hereby agree to purchase the hereinafter described property for a total consideration of $ 3,150.00
and will on or before January 30, 1970 hand you said consideration which is payable as follows:
We will deposit in escrow the sum of $1,150.00 plus all cost as herein authorized.
I will deliver to you any additional funds and execute any instruments which are necessary to comply with the
terms hereof, all of which you may use when you hold for me a deed executed by
LLOYD E. SOMOGYC AND SHIRLEY R. SOMOGYI, husband and wife
and when you can issue your standard coverage form policy of title insurance with liability of $ 3,150.00
on the following described property situated in the City of San Luis Obispo
County of San Luis Obispo , State of California,
That portion of Lot 6 in Block 27 in the City of San Luis Obispo, County of San
Luis Obispo, State of California according to the map thereof recorded May 1, 1878,
in Book A on page 168 of Maps in the Recorder's Office of said County described
as follows:
Beginning at the most Easterly corner of said Lot 6; thence Westerly on the Northerly
line of Peach Street a distance of 10.00 feet; thence Northerly on a line parallel
with Santa Rosa Street a distance of 105.00 feet; thence Easterly a distance of
10.00 feet to a point on the Westerly line of Santa Rosa Street thence Southerly
along said line 105.00 feet to the point of beginning.
showing titre vested in
THE CITY OF SAN LUIS OBISPO, a municipal corporation
free of encumbrances except:
1. 2nd installment General and special taxes for fiscal year 19 69 - 19 70 if not paid
2. Assessments and /or Bonds not delinquent none
3. Covenants, conditions, restrictions, rights of way, easements and reservations of record, if any.
4. Deed of Trust of record securing a note with an approximate unpaid balance of $ none
bearing interest at the rate of % per annum in favor of
The buyers herein are to be charged with the total cost in connection
with this escrow including but not limited to title policy premium,
total escrow fee, documentary transfer tax and drawing of deed.
.... / f COPY
ESCROW INSTRUCTIONS —Page 2 Order Number , 778012 -nh
Prorate and /or adjust the following as of None
1. Taxes based on the amount of the last tax statement of the Tax Collector issued prior to the close of escrow. (If the
amount of the new tax bill issued by the Tax Collector after close of escrow is more or less than the amount used for
proration purposes• the difference, if any, will be adjusted by the parties herein outside of escrow.) NO
2. Insurance (including FHA mortgage insurance, if any). NO- vacant land- -not applicable
3. Interest on all encumbrances, except on any improvement assessments or bonds. NO
4. Rental per rent statement handed you. NO
S. "Charge the buyer and credit the seller the amount of any funds held in an impound account, if any, in connection
with an existing loan." NO
You are to hold for me NO shares of water stock of thenot applicable
Company. all as per Page 1 hereof •
I hereby agree to pay anprharges ineFng.ienal- txeyers.eye• {ee 'and any advances and expenses that are properly
chargeable to me regardless of the consummation of this escrow. At the close of escrow you are to mail all documents,
etc., to the persons entitled thereto.
GENERAL PROVISIONS
All disbursements shall be made by your check. All funds received in this escrow shall be deposited in one or more of
your general escrow accounts with any bank doing business in the State of California and may be transferred to any
other general escrow account or accounts. The expression "close of escrow" means the date on which instruments referr-
ed to herein are filed for record.. All adjustments are to be made on the basis of a 30-day month. Recordation of any
instruments delivered through this escrow, if necessary or proper in the issuance of a policy of title insurance called for,
is hereby authorized. Execute on behalf of the parties hereto, form assignments of interest in any insurance policies
(other than title insurance) called for herein and forward them upon close of escrow to the agent with the request, first,
that insurer consent to such transfer or attach loss - payable clause or make such other additions or corrections as may
have been specifically required herein, and second, that the agent thereafter forward such policies to the parties entitled to
them. In all acts in this escrow relating to fire insurance, including adjustments, if any, you shall be fully protected in
assuming that each such policy is in force and that the necessary premium therefor has been paid.
You are to furnish a copy of these instructions, amendments thereto, closing statements and /or any other document de-
posited in this escrow to the lender or lenders and /or the real estate broker or brokers involved in this transaction upon
request of such lenders or brokers.
Should you before or after close of escrow receive or become aware of any conflicting demands or claims with respect to
this escrow or the rights of any of the parties hereto, or any money or property deposited herein or affected hereby, you
shall have the right to discontinue any or all further acts on your part until such conflict is resolved to your satisfaction,
and you shall have the further right to commence or defend any action or proceedings for the determination of such conflict
The parties hereto jointly and severally agree to pay all costs, damages, judgments and expenses, including reasonable
attorneys' fees, suffered or incurred by you in connection with, or arising out of this escrow, including, but without limit-
ing the generality of the foregoing, a suit in interpleader brought by you. In the event you file a suit in interpleader,
you shall ipso facto be fully released and discharged from all obligations imposed upon you in this escrow.
If for any reason funds are retained or remain in escrow, you are to deduct therefrom a reasonable monthly charge as
custodian thereof of not less than $10.00 per month.
Time is declared to be the essence of these instructions. If you are unable to comply within the time specified herein and
such additional time as is required to make an examination of the official records, you will return all documents, money
or property to the party entitled thereto upon satisfactory written demand and authorization. Any amendment of and /or
supplement to any instructions must be in writing. The seller agrees to sell and the buyer agrees to buy the properly
herein described upon the terms hereof.
THE C M OF SAN LUIS OBISPO.. a mmicipal corporation
Name Address Phone
By; �� c/o Mr. Harold Johnson, City of San Luis Obispo
Name Attorney
� SELLER Court House- -San Luis Obispo, California 93401
I a ove o the foregoing instructions d agree to sell and will deliver to you papers, instruments
and /or funds required from me within the time limit specified herein• which you are authorized to deliver when you can
issue your policy of title insurance as set forth above. I agree to pay any personal property taxes properly chargeable
to me. You are instructed to use the money and record the instruments to comply with said instructions and to pay all
encumbrances of record necessary without further approval including prepayment penalties to show title as herein pro-
vided. Lag= 2a. AaX, NaLLLrtcaalr aik+ csaseswµ .( ".&Qw ene}retiiereks�eawFriett- are- advereeed"
fos..mx '^^^„^• �gardles�nttJ�cgrtsumata2ionitEJbis .rscw� I.a is a�agraa4a- Pay�La. pdiay .e�Eitio-ar+ease�wo.pswwiwrr
andzecord+agleer ' ^� psoparl;cci►argaablato.atasod documentary transfer tax in the amount of $ 3.85
which you are instructed to enter on the deed and affix your signature thereto, if required. In the event this amount is
incorrect, you are authorized and instructed to enter the correct amount on the deed and deduct the additional cost there-
fore from funds accruing to my account. In the event an incorrect amount Is entered on the deed and said deed is recorded,
I hereby hold you harmless and agree to reimburse you for any loss you may sustain by said amount being incorrect.
At the close of this transaction you are authorized to pay commission in the amount of $
None--no ageIIt
to:
Broker's License No.
Name Address 695 Santa Rosa Phone
E. °m°� San Luis Obispo, California 93401
Name
At the close of escrow you are to mail your check and any documents to which I am entitled to the above address:
A M E R r
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January 16, 1970
First American Title Insurance Company
899 PACIFIC STREET, (P.O. BOX 1147) SAN LUIS OBISPO, CALIFORNIA 93401 • (AREA 805) 543 -8900
,City of San Luis Obispo
c/o Mr. Harold Johnson, Attorney
c3eut -t -Howe c L+� RptLi-
San Luis Obispo, O l.if- 93401
Gentlemen
Your No.
Our Order No. SLo 778012 nh Somogyi - City of San Luis
To assist us in expeditiously closing your escrow, prompt attention to the matters
checked below will be appreciated.
We enclose a self - addressed envelope for your convenience. If you are sending funds,
a Cashier's or Certified check made payable to the
will aid us in closing your escrow at an early date.
Please contact the undersigned if you have any questions regarding your transaction.
Please sign and return the following enclosures:
V
XX Escrow Instructions Supplemental Instructions Statement of Information
Bill of Sale
Please sign the following forms, HAVE THEM ACKNOWLEDGED BEFORE A NOTARY PUBLIC and
return to us:
Deed Deed of Trust and Note Assignment of Deed of Trust
Please furnish us with:
Fire Insurance Water Stock Rent Statement Inventory of Furniture
Tax Bill Loan Payment Book
Estimated funds necessary to close said escrow in the amount of $
An itemized statement of receipts and disbursements will be mailed to you at the
close a ,row.
sl , Jr.
Escrow Officer
CNH :jh
Encl. 2032 (10/64)